Wed, Mar 29, 2017 | updated 10:50 AM IST

Sensex, Nifty open flat; Dr Reddy's Labs down 8 pct

Updated: Jul 27, 2016 10:29 IST

New Delhi, July 27 (ANI): The market on Wednesday opened flat with companies posting dismal Q1 earnings. The Sensex traded up 28.89 points or 0.1 percent at 28005.41, and the Nifty up 10.55 points or 0.1 percent at 8601.20.

Shares such as HDFC, Maruti, Asian Paints, Tata Steel and SBI were top gainers while Dr Reddy's Labs fell eight percent.

Amongst other losers in the Sensex were Coal India, Sun Pharma, Axis Bank and Wipro.

The Indian rupee slipped in the early trade. It opened lower by six paise at 67.33 per dollar versus 67.27 Tuesday.

Traders are on the edge with eyes on outcome of the Federal Reserve Open Committee (FOMC) and Bank of Japan (BoJ) meet.

Analysts expect the Federal Reserve to hold off on an interest rate hike this month and possibly for months to come. The US central bank is widely expected to stand pat on monetary policy and the markets will sift through its statements - a post-meeting press conference will not be held - for any hints of a future interest rate hike.

In the currency space, dollar was steadier against other currencies ahead of the Federal Reserve's policy announcement late.

Also, the crude oil prices were little changed as supply glut worries continue to weigh on sentiment. (ANI)

New Delhi [India], Mar. 28 (ANI): The Economic Affairs Secretary, Shaktikanta Das on Tuesday set the gross market borrowing for the first six months at Rs 3.71 lakh crore or 64per cent of the full year's target of Rs 5.8 lakh crore.

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Idea launches 4G services in Jammu

Updated: Mar 28, 2017 17:22 IST

New Delhi [India], Mar 28 (ANI): Telecom operator Idea Cellular on Tuesday announced its operations of world class 4G services in Jammu and Kashmir circle.

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New Delhi [India], Mar. 28 (ANI-NewsVoir): Pachouli - a leading health, fitness and beauty brand joined hands with India Designer Society to partner for one of its kind fashion reality show "India Kids Fashion Fest."

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New Delhi [India], Mar 28 (ANI): Given the continuing sluggishness in the key real estate and construction sectors, ICRA expects the overall steel consumption growth for FY2017 to be lower than the previous year levels.

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New Delhi [India], Mar 28 (ANI): In pursuance with the decision of Dr. K M Cherian, Chairman and CEO of Frontier Lifeline Hospital (FLL) and Remigijus Zaliunas, Rector Professor of the Lithuanian University of Health Sciences (LSMU), a Memorandum of Understanding (MOU) has been signed between both the institutions, for promoting and reinforcing cooperation, mutual exchange of views and information, improvement of research and academic programmes and also exchange of experts and researchers.

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New Delhi [India], Mar 28 (ANI-NewsVoir): E. Elumalai, BSc., Student (final year, Perambur Branch, Chennai) of Chennais Amirta International Institute of Hotel Management, brought laurels to the city winning bronze medal in the Culinary Art India 2017 competition. The 12th edition of the national level competition was part of Aahar International Fair held at Pragathi Maidan, New Delhi from 6th to 11th March 2017. It was organized by India Trade Promotion Organization (ITPO) in association with Indian Culinary Forum (ICF).

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New Delhi [India], Mar 28 (ANI): Capillary Technologies, the leader in cloud-based OmniChannel Engagement and Commerce solutions has partnered with Exclusífe to provide comprehensive CRM solutions to retailers of all sizes in India.

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New Delhi [India], Mar 28 (ANI): Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

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New Delhi [India], Mar 28 (ANI): Housing.com has launched a unified platform for real estate developers and partners to manage their business, 'Housing Partner'.

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New Delhi [India], Mar 28 (ANI): India's largest Income Tax returns e-filing and enterprise compliance service provider ClearTax on Tuesday launched its GST e-learning kit to educate the business community and make over 2.5 lakh CAs and Tax Return Preparers GST-ready and help them serve over 1 crore businesses.

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New Delhi [India], Mar 28 (ANI): Digital platform that connects, engages and helps sports audiences interact with each other on a real-time basis, Rooter on Tuesday announced raising of an undisclosed amount of funds from Intex, one of India's fastest growing consumer electronic goods and accessories manufacturer.

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New Delhi [India], Mar 28 (ANI-NewsVoir): As per a National Book Trust NCAER survey in 2009, there were 83 million Indians (13-35 age group) reading books for leisure in 2009. Reading in Hindi, Marathi, Bengali and English primarily, 46 percent of the respondents chose "knowledge enhancement" as a reason for reading books.

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New Delhi [India], Mar 28 (ANI-BusinessWireIndia): The Schwab Foundation for Social Entrepreneurship, a sister organization of the World Economic Forum, in partnership with the Jubilant Bhartia Foundation announces opening of entries for the annual competition Social Entrepreneur of the Year (SEOY) India Award2017.

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New Delhi [India], Mar 27 (ANI): Leading financial marketplace Wishfin on Monday announced developments in the company's management team with key new hires to support its expansion.

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New Delhi [India], Mar 27 (ANI): Bank of Baroda, India's leading public sector bank has entered into MOU with Jain Irrigation Systems Limited, with an objective to finance the Micro Irrigation systems i.e. drip and sprinkler irrigation sold by the company through the network of Bank of Baroda branches across the country.

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New Delhi [India], Mar 27 (ANI): The 33rd Edition of India Carpet Expo, Organized by Carpet Export Promotion Council at Pragati Maidan, New Delhi was inaugurated today with lamp lighting by Minister of Textile, Smriti Irani in the august presence of Ajay Tamta, Minister of State for Textiles and Virender Singh, Member of Parliament, Bhadohi.

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New Delhi [India], Mar 27 (ANI): India's top mobile balance management service app True Balance has introduced a welcomed addition of 'One-click Recharge' feature to facilitate easy phone bill payments through its platform.

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New Delhi [India], Mar 27 (ANI): Unveiled at the Milan Men's Fashion Week 2017, the Ducati Diavel Diesel is now available on special order at Ducati dealerships across the country. One of the most successful Ducati models in India, the Diavel has now donned an exquisite avatar, as a result of a creative collaboration between the Ducati Design Center and Andrea Rosso, Diesel Licensing Creative Director.

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New Delhi [India], Mar 27 (ANI): India's leading online recruitment marketplace Aasaanjobs on Monday announced the launch of its unique search and filter feature for job seekers on its platform.

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New Delhi [India], Mar 27 (ANI-NewsVoir): The fast moving consumer goods (FMCG) segment is the fourth largest sector in the Indian economy.

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